 "RBI, Reserve Bank of India")
The Reserve Bank of India will stick to pushing growth of the economy at this stage, said deputy governor MK Jain on Friday.
“The inflation concerns are valid but we have to prioritise growth at this stage”, he said at a webinar, even as he acknowledged that real interest rates in the economy may now be negative.
He also said the forthcoming Financial Stability Report of RBI would show the NPA situation of the banks have been contained. “Without getting into numbers let me say the gross NPAs of the banks may end up a little bit lower than March 2020, while
